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Oaklands ParkOaklands Park - SUBURB PROFILE REPORT
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The suburb’s capital gain of 5.65% for the past year is higher than average compared to its 13.75% growth within a five-year period.
Also in OAKLANDS PARK, the median home price is sitting at $505,000, and the average rent at $410, this suggests property owners could potentially earn a 4.22% increase in gross rental yield.
Property investors have seen a 2.54% gain in OAKLANDS PARK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.92% growth over a ten-year period. It ranks 3471st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | $318,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.54% | 0.47% |
| Median 12 month | 5.65% | -1.09% |
| Median 3 years | 9.78% | 4.26% |
| Median 5 years | 13.75% | 5.12% |
| 10 years average annual | 1.92% | 0.74% |
| Weekly media advert. rent | $410 | $312.5 |
| Time on Market | 66.6 days | 58.9 days |
| Gross Rental Yield Percent | 4.22% | 5.11% |
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